Brussels, 18/09/2015 (Agence Europe) - The European Investment Bank (EIB) will allocate a €50 million credit line in “support of Tunisian industrial and commercial enterprises”, says a press release published at the end of the visit of EIB vice-president, Roman Escolano, to Tunis on Wednesday 16 and Thursday 17 September. The recipient of this credit line is AMEN BANK, with which Escolano signed a financing agreement during his visit.
The EIB “is confident that the private sector is set to play a key role in reviving growth and employment in Tunisia”. The operation will be “of great socio-economic importance, involving close cooperation with civil society (Réseau Entreprendre) and a key banking sector player (AMEN BANK)”. Support for development projects is announced, especially for the benefit of SMEs, and AMEN BANK undertakes to “dedicate 10% of the credit line made available by the EIB to Tunisian micro-enterprises, which will receive a preferential rate of interest”, the EIB press release states. (Fathi B'Chir)
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(AE) ENERGY: 18/09/2015 (Agence Europe) - Sefcovic visits Austria for Energy Union. As part of his dialogue tour of the European capitals, European Commission Vice-President for Energy Union Maros Sefcovic will visit Vienna on Monday 21 September to present the benefits of the Energy Union project in a national context to the Austrian authorities and national stakeholder representatives (including industry, consumers and environmental protection). While in Vienna, Sefcovic and European Commissioner for Neighbourhood Policy and Enlargement Negotiations Johannes Hahn will meet Austria's Chancellor Werner Faymann, Vice-Chancellor and Economy Minister Reinhold Mitterlehner, and representatives of the parliamentary groups of the Austrian Parliament. (EH)